Has someone stolen my home? Will I be evicted? Is all my equity gone?
Whether insured or not, some of the biggest recurring expenses throughout your life are health care costs. Some AT&T employees can get an extra leg up on expected and unexpected medical costs with a health savings account (HSA).
A variety of events can adversely impact your retirement, from unexpected expenses, such as high medical or caregiving costs, to a stock market downturn. So can the fear of spending in retirement. If you don’t use your retirement savings, you can almost guarantee living a lower lifestyle than you could otherwise. That’s why a safe withdrawal rate isn’t 0%.
We all want to achieve a comfortable retirement: to have full control over our time to do what we want whenever we want for however long we want. Or, do you?
Similar to a private company 401(k) plan, the Thrift Savings Plan allows each federal worker to save a portion of his or her paycheck in a tax-deferred investment account that can grow for future use as income in retirement. However, you are given access to two different account options: a TSP Roth and traditional account.
A layoff or buyout offer – voluntary or involuntary – is a difficult experience.
On the list of top retirement planning goals, long-term care funding for many people is probably near the bottom. Who wants to think about spending time in a nursing home instead of time in a vacation home? But as the life expectancy of older adults rises, almost everyone should consider having some kind of plan in place.
During our 30+ years helping AT&T employees retire successfully, everyone has come to us feeling excited to start the planning process. But some have been surprised to find out our recommendations differ from what they heard elsewhere.
Remodeling the kitchen.
Building an addition for workspace.
Paying off debt.
There are a variety of good reasons to consider tapping your home for cash.
According to the Employee Benefit Research Institute’s latest Retirement Confidence Survey, two-thirds of workers are confident they have enough to live comfortably in retirement. The same number of workers surveyed are confident they are doing a good job saving for retirement and know how much they will need.
